GDP Growth of India

Source Ministry of Statistics and Programme Implementation : (2004-17), (2017-20)
World Bank
IMF World Economic Outlook (April-2020)
Date07 Jun 2020

Real GDP growth or Gross Domestic Product (GDP) growth of India at constant (2011-12) prices in the year 2019-20 is estimated at 4.18 percent as compared to the growth rate of 6.12 percent in 2018-19. The growth in gross domestic product was slowest since 2009-10 and 2nd lowest in 2011-12 series available since 2004-05. The previous low was 3.09% in 2008-09.

GVA growth rates of the Agriculture & allied, Industry, and Services sector are 4.05%, 0.92%, and 5.55% respectively. India has registered highest growth of 9.96% in 'Public Administration, defence and other services' sector and lowest 0.03% in 'Manufacturing' sector. Overall GVA growth at constant prices is 3.89%.

With GDP growth rates of 3.89% at current prices in 2019-20, India has recored lowest nominal growth rate in 2011-12 series. Even in 2004-05 series, it is lowest since 1975-76. GVA growth rates of the Agriculture & allied, Industry, and Services sector are 11.45%, 1.68%, and 8.48%, respectively. Overall GVA growth at current prices is 7.02%.

According to IMF World Economic Outlook (April-2020), GDP growth rate of India in 2020 is projected at 1.87%.

In previous methedology, Average growth rate from 1951 to 2014 stands at 4.96%, reaching an all time high of 10.16% in 1988-89 and a record low of -5.2% in the 1979-80. In 4 years, Growth was negative.

2011-12 series

Year GDP Growth rate (%) at 2011-12 prices GDP Growth rate (%) at current prices (%)
GDPGVAGNINNIGDPGVA GNINNI
2005-067.928.287.907.7413.9914.5513.9713.99
2006-078.068.057.997.8317.1417.3717.0717.27
2007-087.667.388.057.7715.1414.9915.5615.49
2008-093.094.312.912.2412.5615.2012.3611.87
2009-107.866.867.867.5315.4615.5115.4615.35
2010-118.508.037.967.8319.9218.5619.3519.84
2011-125.245.225.455.0014.4314.4514.6514.59
2012-135.465.425.144.5413.8213.5213.4913.23
2013-146.396.056.315.9812.9712.6112.8912.91
2014-157.417.157.487.5310.9911.0111.0610.92
2015-168.008.037.998.0210.469.3010.4810.79
2016-178.267.978.278.2111.7611.0610.7610.94
2017-187.046.597.127.0311.0911.0812.1812.28
2018-196.126.046.145.8810.9510.4910.9710.82
2019-204.183.894.174.207.217.027.197.21

Projections by IMF

Year GDP Growth rate(%)
20194.228
20201.871
20217.425

Estimates by World Bank

Year GDP Growth rate(%)
19613.723
19622.931
19635.994
19647.453
1965-2.636
1966-0.055
19677.826
19683.388
19696.540
19705.157
19711.643
1972-0.553
19733.296
19741.185
19759.150
19761.663
19777.255
19785.713
1979-5.238
19806.736
19816.006
19823.476
19837.289
19843.821
19855.254
19864.777
19873.965
19889.628
19895.947
19905.533
19911.057
19925.482
19934.751
19946.659
19957.574
19967.550
19974.050
19986.184
19998.846
20003.841
20014.824
20023.804
20037.860
20047.923
20057.923
20068.061
20077.661
20083.087
20097.862
20108.498
20115.241
20125.456
20136.386
20147.410
20157.996
20168.170
20177.168
20186.982

2004-05 series

Year GDP Growth rate(%)
2004-05 pricescurrent prices
2013-144.7411.54
2012-134.4711.88
2011-126.6915.77
2010-118.9118.66
2009-108.5915.18
2008-096.7215.75
2007-089.3215.91
2006-079.5716.60
2005-069.4814.10
2004-057.0513.16
2003-047.9712.03
2002-033.887.75
2001-025.398.72
2000-014.157.67
1999-008.0011.35
1998-996.6815.28
1997-984.3011.20
1996-977.9716.38
1995-967.2917.08
1994-956.3916.80
1993-945.6816.23
1992-935.3614.70
1991-921.4315.37
1990-915.2916.49
1989-906.1315.20
1988-8910.1619.34
1987-883.5313.36
1986-874.3111.50
1985-864.1611.74
1984-853.9612.30
1983-847.8516.97
1982-832.9211.72
1981-825.6317.08
1980-817.1719.51
1979-80-5.209.12
1978-795.507.47
1977-787.4714.13
1976-771.257.49
1975-769.006.21
1974-751.1617.71
1973-744.5522.55
1972-73-0.3210.00
1971-721.016.40
1970-715.016.38
1969-706.529.97
1968-692.615.46
1967-688.1417.52
1966-671.0213.82
1965-66-3.654.71
1964-657.5816.83
1963-645.0614.29
1962-632.126.93
1961-623.105.53
1960-617.089.47
1959-602.195.04
1958-597.5911.86
1957-58-1.212.23
1956-575.6919.38
1955-562.561.61
1954-554.25-6.06
1953-546.098.89
1952-532.84-1.38
1951-522.335.58